BuddyPress, the WordPress plug-in for making a WordPress MU installation into a social network site has been recently updated with new features. The most interesting thing is that it is no more a requirement to have a WordPress MU site to run the Buddypress. Now you can run BuddyPress on a normal WordPress site.
For doing this, you just need to go to your plugins menu from admin dashboard and add the new BuddyPress plugin. The BuddyPress comes with a default theme, which is nice. However, you may not want to use the BuddyPress default theme. In that case, you can modify your current theme to support the BuddyPress plugin. This can be achieved by using BuddyPress template pact.
BuddyPress template pack includes the folders and files required for converting any theme into a BuddyPress compatible theme. This plugin will guide you through the process step by step. It become very easy to convert your WordPress theme to support the BuddyPress engine.
One of the draw backs of the earlier versions of BuddyPress was that it was not supporting the normal WordPress themes directly.
Are you planning to convert any of your sites to become a Social Network Site?